The BCDC Token- What is it about?

in #crypto7 years ago

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Just a noob about crypto currency and all the hype around it, I got into finding out more about cryptos and ICO earlier on this year when a friend of mine invited me to invest in some BTC and ETH. Thereafter, he introduced the ICO method of getting fundings for projects and investors can also join in by buying the tokens of these new coins.
Along the way, I also found out that many ICOs can be a scam or even fail in the end as for now, there are no regulations and real control over the issuing of such coins.

BCDC.Online
I got to know about this coin through youtube video,

this video is by far the most comprehensive interview with the key players of BCDC, this video actually gives a broad over view on that they are doing and the rationale behind issuing this coin.

In a Nutshell
BCDC is a global decentralised startup with a UK based team. By leveraging on the Blockchain technology, they will develop sets of applications over the Ethereum Blockchain and help to solve environmental issues through these.
The main applications that have been developed for now are Ecochain, Recycletocoin and FoodTrax. Each of these applications targets at different environmental issues

ECOCHAIN
Direct investing in the renewable energy projects of your choice, this block chain based investment hub will directly connect investors to the renewable energy projects such as solar energy etc around the world to gain long term sustainable returns on their investments.
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RECYCLE TO COIN
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This project is not unfamiliar to many and for most of us, we are already doing some sort of recycling of our daily waste. Though it is still not available in Singapore as yet, BCDC is building a system which will actively reward the BCDC token when you recycle. Already partnering with 20 stores in UK, the launch will allow consumers to trade in your plastic bottles and aluminium cans for BCDC tokens.
FOODTRAX
Food shortage and food sources are becoming a huge concern to the world these days, how safe is the source of the ingredients of the dishes that we eat and are farmers being exploited with their works, all these could be solved with Foodtrax where contracts are transparent on the supply chain management of food sources.

By far these 3 initiatives will help to drive the BCDC cause and the larger cause of helping the environment at a more transparent and clear level.

TOKEN SUPPLY
There will be about 1 Billion token supply, 1 to 5 ETHER or its equivalent in cash will buy you 1000 BCDC Tokens.1ETH is about US$305 and fluctuates around that pricing. If you are interested the pre sale period is on until 20 Nov, do contribute to the following information : https://www.bcdc.online/pre-token-sale.